CBIZ, Inc. is a professional service company that provides a range of insurance and advisory services to a diverse clientele. It was founded in 1987 and is headquartered in Cleveland, Ohio. According to reports, CBIZ has agreed to acquire Marcum, one of the biggest accounting services providers in the United States, in a cash and…
Meta: $1.4 Billion Settlement In Texas
Meta has agreed to pay a sum of $1.4 billion USD to settle a lawsuit filed by Texas that accused Meta of illegally collecting biometric data on users without their consent, breaching Texas law. According to reports, the allegation was from a Facebook feature that automatically suggests tags with people’s names in photos, using facial…
Tesla Recalls 1,850,363 Vehicles
Tesla has issued a recall of 1,850,363 vehicles in the United States due to an unlatched hood issue. According to the notice from the National Highway Traffic Safety Administration (NHTSA), a software issue failed to detect when the hood is unlatched. An unlatched hood could fully open and obstruct the driver’s view, increasing the risk…
Charter Communications: $15 Million Settlement
Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. It is the largest cable operator in the United States by subscribers, with over 32 million customers in 41 states. According to reports, Charter Communications has agreed to pay a $15 million USD civil penalty to resolve an investigation…
Toyota Issues Remedy for Recalled Vehicles
Toyota has issued a remedy for 102,092 vehicles that have debris from the manufacturing process that may contaminate the engine and cause the main bearings to fail, resulting in a loss of drive power. According to reports, Toyota will replace the engines of the affected Tundra and Lexus LX600 vehicles produced between 2021-2023 free of…
Toyota To Build EV Battery Plant In Japan
Toyota has announced plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka, Japan, to supply batteries for its luxury Lexus brand cars. According to reports, the plant will be operated by Primearth EV Energy, a Toyota subsidiary that specializes in making batteries for hybrids, plug-in hybrids, and purely battery-powered…
Google Launches Gemini 1.5 Flash
Google has announced an update to its AI-powered chatbot Gemini. Gemini is a type of large language model (LLM) built on top of Google’s LaMDA (Language Model for Dialogue Applications) technology. According to reports, Gemini 1.5 Flash has been updated to have access to a vast knowledge base and ensure accurate and up-to-date information, as…
NBA: $77 Billion Broadcasting Deal
The National Basketball Association (NBA) is a men’s professional basketball league in North America founded in 1946 and headquartered in New York. It is composed of 30 teams from the United States and Canada and is considered the premier professional basketball league in the world. According to reports, the NBA has signed an 11-year broadcasting…
Alphabet: $5 Billion Waymo Investment
Alphabet Inc. is an American multinational technology conglomerate holding company founded in 2015 and headquartered in Mountain View, California. Alphabet is the second-largest technology company by revenue. It is one of the Big Five American information technology companies, alongside Apple, Meta (Facebook), Amazon, and Microsoft. According to reports, Alphabet will invest an additional $5 billion…
Foxconn: $137.5 Million Investment in China
Foxconn, also referred to as Hon Hai Precision Industry Co. Ltd, is a multinational electronics contract manufacturer founded in 1974, with its headquarters in New Taipei, Taiwan. Foxconn specializes in manufacturing various electronic products including the iPhone, BlackBerry, PlayStation, Kindle, and Google Pixel, among others. According to reports, Foxconn has announced plans to invest $137.5…